COMPANY NEWS

COMPANY NEWS; Large Loral Order

By Reuters

Published: October 18, 1989

The Loral Corporation said it had received a $325 million order, the largest in its history, to equip the Turkish Ministry of Defenses fleet of F-16 aircraft with ALQ-178 rapport III electronic countermeasures systems. The General Dynamics Corporation makes the F-16. Loral, a New York-based high-technology company specializing in military electronics, said deliveries would run from October 1991 through mid-1995.